Great Plains Energy Inc (GXP): Today's Featured Utilities Winner

Great Plains Energy ( GXP) pushed the Utilities sector higher today making it today's featured utilities winner. The sector as a whole closed the day down 1%. By the end of trading, Great Plains Energy rose 13 cents (0.6%) to $20.36 on average volume. Throughout the day, 1.2 million shares of Great Plains Energy exchanged hands as compared to its average daily volume of one million shares. The stock ranged in a price between $20.10-$20.43 after having opened the day at $20.14 as compared to the previous trading day's close of $20.23. Other companies within the Utilities sector that increased today were: American DG Energy ( ADGE), up 7% and Ormat Technologies ( ORA), up 3.2%.

Great Plains Energy Incorporated, through its subsidiaries, engages in the generation, transmission, distribution, and sale of electricity in the United States. The company also provides steam services in the Missouri area. Great Plains Energy has a market cap of $2.74 billion and is part of the utilities industry. The company has a P/E ratio of 17.2, below the average utilities industry P/E ratio of 17.3 and below the S&P 500 P/E ratio of 17.7. Shares are down 7.1% year to date as of the close of trading on Friday. Currently there is one analyst that rates Great Plains Energy a buy, no analysts rate it a sell, and seven rate it a hold.

TheStreet Ratings rates Great Plains Energy as a buy. Among the primary strengths of the company is its generally strong cash flow from operations. We feel these strengths outweigh the fact that the company has had sub par growth in net income.

On the negative front, Active Power ( ACPW), down 8.1%, U.S. Geothermal ( HTM), down 7.3%, China Hydroelectric Corporation ( CHC), down 6.8%, and Distribution and Marketing Company of the N ( EDN), down 6.3%, were all losers within the utilities sector with Basic Sanitation Company of the State of Sa ( SBS) being today's utilities sector loser.

For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the utilities sector could consider Utilities Select Sector SPDR ( XLU) while those bearish on the utilities sector could consider ProShares UltraShort Utilities ( SDP).

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